PERRIGO COMPANY PLC INVESTOR ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against Perrigo Company plc

Wolf Haldenstein Adler Freeman & Herz LLPJanuary 7, 2019

NEW YORK, Jan. 07, 2019 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District for the Southern District of New York against Perrigo Company plc (“Perrigo” or the “Company”) (NYSE: PRGO) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Perrigo between November 8, 2018 and December 21, 2018, both dates inclusive (the “Class Period”).

Investors who have incurred losses in the shares of Perrigo Company plc are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action on our website, www.whafh.com.

If you have incurred losses in the shares of Perrigo Company plc, you may, no later than March 4, 2019, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in Perrigo Company plc.

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The filed Complaint alleges that on December 21, 2018, Perrigo issued a Form 8-K disclosing that it had received an audit finding letter from the Irish tax authorities on October 30, 2018 stating “that IP sales transactions… including the sale of Tysabri®, were not part of the trade of Elan Pharma and therefore should have been treated as chargeable gains subject to an effective 33% tax rate, rather than the 12.5% tax rate applicable to trading income.” Although the Company had revealed to investors on November 8, 2018 that it had received the audit finding letter, it did not disclose material details.

Following the news on December 21, 2018, Perrigo stock dropped roughly 25%.

Wolf Haldenstein Adler Freeman & Herz LLP has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com.